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Canadian home sales accelerated in August, regional data show

Posted on 08 September 2011

Canadian home sales may have accelerated in August, data from 11 metropolitan centers show.
Purchases reported by 11 regional real estate boards that have published August data increased 21.5 percent from a year ago to 19,811 units. The figures are not seasonally adjusted. Those markets, which recorded almost half of the country’s sales in July, had posted year-over-year growth of 15.9 percent that month, according to data released last month by the Canadian Real Estate Association……………………………………….Full Article: Source


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